Smucker to buy Twinkie maker Hostess
Hostess Twinkies and CupCakes are displayed on a store shelf on May 17, 2021 in San Anselmo, California.Justin Sullivan | Getty ImagesJelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share.Hostess shareholders will receive $30 in cash and .03002 shares of Smucker's...